TRADING OPPORTUNITY: Bet on the QQQQ's next upturn. Buy below 29.80 and sell at 31.40. You have the 70% chances to close this position within a week and 82% - in a month. Don't miss it out!
RATIONALE: The QQQQ stock has a strong technical support at the 28.50 level. Besides, the tech sector has already factored in a very long list of negative news and expectations. Hence, upcoming earnings and outlooks from IBM and AAPL will most likely provide a relief rally.The tech sector is poised to bottom out. Large traders keep accumulating big tech names and buy call options in volumes to profit from the anticipated upturn.
0 comments:
Post a Comment